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30622 Coast Hwy
Laguna Beach, CA 92651

$11,000,000 USD

Restaurant For Sale  •  4,387 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,387 SF
  • Lot Size 0.88 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 3.36 %
  • Tenancy Single
40 Transit Score
58 Walk Score

Highlights

Prime Coastal Location with Exceptional Long-Term Development Potential – High Barriers to Entry - Excellent visibility & heavily traveled corridor.
Iconic Ruby’s Diner on the Historic Pacific Coast Highway, Laguna Beach, CA - 35 Year Historical Occupancy - Absolute Net Ground Lease.
Densely Populated and Highly Affluent Area: Features an Average Household Income of more than $179k (more than twice the National Average).
Directly across from Montage Laguna Beach - a luxury oceanfront resort with stunning coastal views, elegant accommodations, and upscale amenities.
Generational investment opportunity in a highly desirable area.
The area is dotted with high-end boutiques and galleries, making it a hotspot for luxury shopping.
Cap Rate: 3.36 %

Major Tenants

Tenant SF Occupied Lease End Date
Ruby's Diner 4,387 SF 8/27/2034

Public Transportation

Commuter RailDriveWalkDistance
San Juan Capistrano (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 8.1 mi
Laguna Niguel/Mission Viejo (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 19 min - 9.9 mi
AirportDriveWalkDistance
John Wayne/Orange County 27 min - 17.1 mi
Long Beach (Daugherty Field) 49 min - 37.2 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap